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Financial Aid in the News

Louisiana: House Keeps Tuition Amendment Alive in Final Hours (The Times-Picayune)

"The House of Representatives today approved a constitutional amendment that would strip from the Legislature control over college tuition rates, but still keep higher education governing boards from raising costs more than 5 percent annually," The Times-Picayune reports. "Louisiana is the only state in the country that requires a two-thirds vote to approve tuition increases at public colleges and universities, a situation that college chiefs say ties their hands. The situation is further complicated by the TOPS scholarship program, because it effectively means that lawmakers increase the cost of that benefit with each approved tuition increase. "

You can read the complete June 25, 2009 The Times-Picayune article on-line.

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